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11. $ You want to start saving now so you have cash to buy a $30,000 car in five years. You can earn 6% interest

11. $ You want to start saving now so you have cash to buy a $30,000 car in five years. You can earn 6% interest on your monthly payments. How much must you save each month to achieve your $30,000 goal in 5 years (round to nearest dollar)?

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